Ruto Ranked Highest Earning President Worldwide in New Report
A new report has revealed how the Kenyan Head of State William Ruto is one of the best-paid presidents in the world.
In fact, the President ranks first in the tier of the highest-paid world leaders relative to their countries’ economic situation.
President Ruto’s monthly gross retainer increased from Ksh1,443,750 to Ksh1,650,000 according to the salaries and Remuneration Commission.
Kenya’s GDP per capita last year stood at Ksh811,615. Ruto’s annual salary of Ksh19,800,000 is the equivalent of almost 2,000% of his country’s per-capita GDP (1993%).
This makes President Ruto stand in a league of his own in first place in the tier of best salaries as a share of 2023 GDP per capita, with Singapore Prime Minister Lawrence Wong, who took office in 2024 coming in second with his annual salary of Ksh217,718,946 (USD 1.69 million) being the equivalent of 1,158% of his country’s per-capita GDP.
Interestingly, the top five in the list of best-paid heads of state relative to their country’s economic prowess are dominated by African leaders.
Tanzania and South Africa Presidents Samia Suluhu Hassan and Cyril Ramaphosa’s salaries annual salaries also exceed the 1000% mark of their countries respective per-capita GDPs, sitting at 1087% and 1053% in third and fourth place respectively.
Ghana’s Head of State Nana Akufo-Addo is fifth on the list, with his annual remuneration being 651% of his country’s GDP per capita.
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